Gabelli Funds LLC Takes $3.28 Million Position in Jabil, Inc. $JBL

Gabelli Funds LLC acquired a new position in shares of Jabil, Inc. (NYSE:JBL) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 15,037 shares of the technology company’s stock, valued at approximately $3,280,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Gamco Investors INC. ET AL acquired a new position in shares of Jabil during the 2nd quarter worth $877,000. Jump Financial LLC purchased a new stake in Jabil during the second quarter worth about $488,000. Cary Street Partners Investment Advisory LLC acquired a new position in Jabil during the second quarter worth about $58,000. Nkcfo LLC purchased a new position in Jabil in the second quarter valued at about $785,000. Finally, Qtron Investments LLC acquired a new stake in shares of Jabil during the 2nd quarter valued at approximately $581,000. Institutional investors and hedge funds own 93.39% of the company’s stock.

Jabil Stock Up 0.8%

Shares of NYSE:JBL opened at $229.99 on Thursday. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 1.57. The company has a market capitalization of $24.57 billion, a P/E ratio of 38.59, a P/E/G ratio of 1.62 and a beta of 1.26. Jabil, Inc. has a 52-week low of $108.66 and a 52-week high of $237.14. The stock’s fifty day simple moving average is $209.33 and its 200-day simple moving average is $209.18.

Jabil (NYSE:JBL) last announced its earnings results on Thursday, September 25th. The technology company reported $3.29 earnings per share for the quarter, beating the consensus estimate of $2.92 by $0.37. Jabil had a net margin of 2.20% and a return on equity of 68.63%. The firm had revenue of $8.25 billion during the quarter, compared to the consensus estimate of $7.63 billion. During the same quarter in the previous year, the company posted $2.30 EPS. The firm’s revenue for the quarter was up 18.5% on a year-over-year basis. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS and its FY 2026 guidance at 11.000-11.000 EPS. As a group, equities research analysts forecast that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.

Jabil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 2nd. Investors of record on Monday, November 17th were given a dividend of $0.08 per share. The ex-dividend date was Monday, November 17th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s dividend payout ratio (DPR) is 5.37%.

Analyst Ratings Changes

A number of research firms recently weighed in on JBL. UBS Group set a $241.00 price target on Jabil in a report on Sunday, September 28th. Bank of America boosted their target price on Jabil from $255.00 to $262.00 and gave the stock a “buy” rating in a research report on Wednesday. Zacks Research cut Jabil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. Wall Street Zen upgraded shares of Jabil from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 3rd. Finally, Raymond James Financial set a $260.00 target price on shares of Jabil in a report on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $249.43.

Insider Transactions at Jabil

In other Jabil news, SVP Francis Mckay sold 2,526 shares of the business’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $224.47, for a total value of $567,011.22. Following the completion of the transaction, the senior vice president directly owned 40,963 shares in the company, valued at approximately $9,194,964.61. The trade was a 5.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Gregory B. Hebard sold 6,086 shares of the firm’s stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of $213.54, for a total value of $1,299,604.44. Following the sale, the chief financial officer owned 58,526 shares in the company, valued at $12,497,642.04. This trade represents a 9.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 131,762 shares of company stock worth $28,129,921 in the last three months. 1.73% of the stock is currently owned by company insiders.

Jabil Profile

Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).